Wealth Enhancement Advisory Services LLC Acquires 253,875 Shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Wealth Enhancement Advisory Services LLC increased its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 40.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 881,103 shares of the company’s stock after purchasing an additional 253,875 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 8.14% of JPMorgan Hedged Equity Laddered Overlay ETF worth $53,871,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Brookstone Capital Management increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 351.7% in the 1st quarter. Brookstone Capital Management now owns 23,895 shares of the company’s stock valued at $1,337,000 after acquiring an additional 18,605 shares in the last quarter. Breakwater Capital Group grew its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 12.9% in the first quarter. Breakwater Capital Group now owns 8,779 shares of the company’s stock worth $491,000 after purchasing an additional 1,006 shares during the period. Capital Advisors Ltd. LLC increased its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 57.5% in the first quarter. Capital Advisors Ltd. LLC now owns 1,507 shares of the company’s stock valued at $84,000 after purchasing an additional 550 shares in the last quarter. CAP Partners LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the first quarter valued at about $239,000. Finally, Commonwealth Equity Services LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 274.4% during the 1st quarter. Commonwealth Equity Services LLC now owns 45,144 shares of the company’s stock worth $2,527,000 after purchasing an additional 33,085 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $61.85 on Friday. The business has a 50-day simple moving average of $60.55 and a 200 day simple moving average of $58.51. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $48.71 and a one year high of $62.09. The firm has a market capitalization of $669.84 million, a price-to-earnings ratio of 24.88 and a beta of 0.56.

About JPMorgan Hedged Equity Laddered Overlay ETF

The JPMorgan Hedged Equity Laddered Overlay ETF JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages a large-cap US equity portfolio with a laddered options overlay that seeks to provide downside protection, while foregoing some upside potential.